ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of ThyssenKrupp AG Sponsored ADR (OTCMKTS:TKAMY) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

A number of equities analysts have recently commented on TKAMY shares. Morgan Stanley reiterated an “underweight” rating on shares of ThyssenKrupp in a report on Tuesday, January 6th. Jefferies Financial Group upgraded shares of ThyssenKrupp from a “hold” rating to a “buy” rating in a research report on Friday, February 20th. Barclays restated an “underweight” rating on shares of ThyssenKrupp in a report on Monday. Citigroup reiterated a “buy” rating on shares of ThyssenKrupp in a report on Friday, December 5th. Finally, Zacks Research lowered shares of ThyssenKrupp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday.

ThyssenKrupp Stock Performance

ThyssenKrupp stock opened at $12.47 on Friday. The company’s 50-day moving average price is $12.35 and its 200-day moving average price is $12.50. The company has a quick ratio of 1.09, a current ratio of 1.69 and a debt-to-equity ratio of 0.05. The company has a market cap of $7.76 billion, a PE ratio of 11.55 and a beta of 1.01. ThyssenKrupp has a twelve month low of $7.80 and a twelve month high of $17.02.

ThyssenKrupp (OTCMKTS:TKAMY) last released its quarterly earnings results on Thursday, February 12th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.27). ThyssenKrupp had a return on equity of 9.21% and a net margin of 1.83%.The company had revenue of $8.52 billion during the quarter, compared to analysts’ expectations of $9.42 billion.

ThyssenKrupp Company Profile

ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.

In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing.